Avalanche Raises $250M Amid AVAX Rally, gearing up for another breakout ?

The #Avalanche Foundation secured $250M through a private token sale led by Galaxy Digital and ParaFi Capital, boosting 
$AVAX  by 9% to $52.80.

Avalanche9000 Upgrade: Launching on Dec 16, this upgrade slashes blockchain costs by 99.9% and enables interchain communication.

DeFi Growth: Avalanche's TVL hits $1.65B, the highest in 2 years, as interest in DeFi rises.

Outlook: RSI at 62 suggests more growth potential, with demand keeping trading volumes strong. However, $54 resistance remains a challenge.